1 bedroom apartment for sale
Greenacres House, 32 Knaresborough Drive, SW18 4FA
Share percentage 35%, full price £490,000, £8,575 Min Deposit.
Share percentage 35%, full price £490,000, £8,575 Min Deposit.
Monthly Cost: £2,161
Rent £971,
Service charge £213,
Mortgage £977*
Calculated using a representative rate of 5.26%
Calculate estimated monthly costs
Summary
A 1 bed shared ownership property available in Wandsworth, London
Description
Well-presented and modern one-bedroom apartment in Wandsworth available through Shared Ownership.
This third-floor apartment comprises a private entrance hall with fitted storage and utility cupboards, an open plan kitchen with fitted appliances and lounge, one bedroom with fitted wardrobes, and a bathroom with WC.
The property also benefits from underfloor heating and a large balcony, an allocated parking space, zip car hire parking spaces, and access to communal areas, including secure bike storage.
Available for £171,500 for 35% share based on the marketing figure of £490,000.
Monthly rent - £970.79
Monthly Service Charge - £213.46
Total Monthly Charge - £1,184.25 plus mortgage required for 35% share.
An annual rent increase takes place every April
LocationThe property is located in Wandsworth, London, and is well-served by excellent restaurants, bars, and shopping facilities all within walking distance of the property. With King George's Park on the doorstep, there are many leisure facilities nearby including gyms, tennis courts, and the Wandle Trail. The nearest transport links are Earlsfield Train station (0.4m) and Southfields Tube Station (0.7m).
EPC ratingEnergy rating band - B
Environmental impact band - A
Gross internal floor area: 51 m²
Living room: 5.00 x 3.30 m
Kitchen: 2.87 x 2.26 m
Bedroom: 3.86 x 3.53 m
Balcony: 2.36 x 2.21 m
Years remaining on lease: 115
In certain cases, the remaining length of the lease on a property can impact the availability of mortgages to prospective purchasers and the future saleability of the home. We recommend that you speak to your solicitor and your financial advisor to ensure that the lease length is suitable for your needs.
Key Features
- One-bedroom apartment
- Modern building (2015)
- Private balcony
- Excellent travel links
- Available for 35% share
- 5% minimum deposit only
Particulars
Tenure: Not specified
Council Tax Band: Not specified
Property Downloads
Floor PlanMap
The ‘estimated total monthly cost’ for a Shared Ownership property consists of three separate elements added together: rent, service charge and mortgage.
- Rent: This is charged on the share you do not own and is usually payable to a housing association (rent is not generally payable on shared equity schemes).
- Service Charge: Covers maintenance and repairs for communal areas within your development.
- Mortgage: Share to Buy use a database of mortgage rates to work out the rate likely to be available for the deposit amount shown, and then generate an estimated monthly plan on a 25 year capital repayment basis.
NB: This mortgage estimate is not confirmation that you can obtain a mortgage and you will need to satisfy the requirements of the relevant mortgage lender. This is not a guarantee that in practice you would be able to apply for such a rate, nor is this a recommendation that the rate used would be the best product for you.
Share percentage 35%, full price £490,000, £8,575 Min Deposit. Calculated using a representative rate of 5.26%
